Tag: China

What Does Greater Regulation Mean For Cryptocurrency Markets?

The second quarter of 2021 was dominated by headlines related to cryptocurrency regulation, a development that eventually led to a temporary peak in Bitcoin...

Chinese Banks Crack Down On Cryptocurrency Users

The Agricultural Bank of China (AgBank) has announced that it will follow the central bank's guidelines to cease service to cryptocurrency users. China set to...

China Conducts Pilot Test For Blockchain-based CBDC Payment System

The People's Bank of China reports that they have successfully carried out the first salary payments using a blockchain-based version of the Digital Yuan. https://twitter.com/DeFiTeller/status/1404422989786062855 China...

New York Senators To Stop Fossil-backed Mining

The New York State Senate is currently discussing a bill to put a three-year moratorium on cryptocurrency mining for fossil-based projects. https://twitter.com/NYSenate/status/1402380665467854854?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1402380665467854854%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fproposed-new-york-mining-ban-watered-down-to-allow-green-projects New York likely to...

Staking Service Provider Blockdaemon Secures 28 Million USD From Goldman Sachs...

The blockchain infrastructure firm Blockdaemon has concluded a Series A funding round, attracting a total of 28 million USD in capital. https://twitter.com/_blockdaemon/status/1402270491767980039 Blockdaemon to expand Operations...

Bitcoin To Become Legal Tender In El Salvador, Paraguay, And Panama

The president of El Salvador, Nayib Bukele, shocked the crypto community with an announcement, that might become one of the most important milestones in...

Argentina Could Become New Safe Haven For Bitcoin Miners

According to a Bloomberg article, cryptocurrency mining in Argentina is striving, while other nations have recently banned this practice. https://twitter.com/crypto/status/1399414806554329095 Argentinian Households can mine on subsidized...

Spree Of Regulatory Action Against Crypto In China, Iran, UK, Canada

Several countries around the world have started imposing some form of regulatory action concerning crypto assets, with varying degrees of severity. Mining in China can...

Potential Ban Drives Miners Out Of China

Bitcoin miners are apparently ready to pack their bags after the Chinese government announced regulatory action against crypto mining. https://twitter.com/MustafaYilham/status/1396574196394651649 Miners fear regulatory action amidst unclear...

China’s Bank Comes Out With A Unique Crypto Wallet For Digital...

China’s digital yuan is approaching, and in the meantime, the country’s banks are developing wallets. The postal Savings Bank of China recently revealed...
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